BENIFEX LIMITED
Company Information
- Company Number
- 04768546
- Registered Address
- Mountbatten House, Grosvenor Square, Southampton, Hampshire, SO15 2JU
- Status
- Active
- Employee Count
- Coming Soon
- Turnover
- Coming Soon
- EBITDA
- Coming Soon
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 18 May 2003
- Nature of Business
- 62012 - Business and domestic software development63110 - Data processing, hosting and related activities63120 - Web portals82200 - Activities of call centres
- Industries
- Coming Soon
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
BENIFEX LIMITED demonstrates an exceptionally strong trend in payment speed, averaging just 10 days per invoice. A remarkable 98% of payments are settled within 30 days, consistently indicating a highly efficient and prompt payment trajectory.
Volatility Analysis
While most payments are prompt, the 23% late payment rate introduces a degree of unpredictability regarding adherence to specific invoice due dates. Though only 2% of payments extend beyond 30 days (1% between 31-60 days and 1% over 60 days), this late percentage suggests a minor, yet present, risk of individual invoices not being paid within their exact terms.
Summary Analysis
Overall, BENIFEX LIMITED presents a largely favorable payment risk profile due to its outstanding speed and high volume of on-time payments. Suppliers should anticipate quick settlement for most invoices but consider implementing clear payment terms and potentially monitoring the initial few invoices to mitigate the risk associated with the 23% late payment incidence.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Nov 2024 - 30 Apr 2025 | 30 May 2025 | 11 | 98% | 2% | 0% | 25% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
The Benefex LTD standard payment period is 30 days from invoice date. Exceptions may exist from immediate to greater than 30 days where vendors and Benefex have prior agreement. There has been no change to the standard payment period in our standard contracts during the reporting period.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
Business process for resolving complaints and disputes: The vendors can raise their queries or complaints using any one of the following: • Email the queries/ complaints to accounts@benefex.co.uk and the same will be attended within 24 business hours. • Vendors can also reach out to our helpdesk @ 44 (20) 39863038. If the query/complaint requires further investigation the same will be referred to the appropriate department for further action.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
BENIFEX LIMITED is an active private limited company established to conduct commercial operations within the United Kingdom. This corporate structure provides limited liability for its shareholders.
The company was incorporated on 18 May 2003 under company number 04768546. Its registered office is located at Mountbatten House, Grosvenor Square, Southampton, Hampshire, SO15 2JU, placing it within the South East region of England.
As a private limited company, organisations of this type in the UK market typically engage in a wide spectrum of business activities. These can range from providing professional services, manufacturing goods, or operating in retail, to offering various digital or logistical solutions to both consumers and other businesses.
